JPM Investment-Banking Fees Could Fall 50% This Quarter
September 13, 2022
3,934
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1.14%
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3:26Now PlayingJPM Investment-Banking Fees Could Fall 50% This Quarter
YouTube Description
as posted by the channelJPMorgan Chase & Co.'s investment-banking fees may fall by half in the third quarter as clients stay on the sidelines amid uncertainty around inflation, Federal Reserve interest-rate hikes and the potential for a recession. That's according to a presentation given by President Daniel Pinto. The firm is also shaking up its fixed-income trading business. Bloomberg's Sonali Basak reports on "Bloomberg Markets."
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